Cybersecurity ratings platform SecurityScorecard raises $180M

19 Mar, 2021

Cybersecurity ratings platform SecurityScorecard raises $180M
Photo by Robert Bye on Unsplash

– SecurityScorecard has raised $180m in a series E round of funding.
– The company enables companies like Nokia, AXA, Liberty Mutual, and Cadence Bank to evaluate and continuously monitor their security, including weaknesses in third-party vendors that they use.
– Using seven years of historical data, SecurityScorecard assigns ratings from A to F to help security personnel address their most important vulnerabilities and evaluate external partnerships, providing an easy way to “understand their cyber posture”.
– The score is really just the tip of the iceberg though, and SecurityScorecard offers additional tools and services based on this metric, including enterprise risk management that helps establish vulnerabilities in IT infrastructure and analytics that enable businesses to “operate with a situational awareness of the cyber risk landscape and make business decisions with more confidence”.

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